R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC)
United Arab Emirates · Delayed Price · Currency is AED | Market Cap | 2.33B -6.8% |
| Revenue (ttm) | 3.26B -0.4% |
| Net Income | 234.06M +4.0% |
| EPS | 0.24 +4.0% |
| Shares Out | 993.70M |
| PE Ratio | 9.93 |
| Forward PE | 10.52 |
| Dividend | 0.20 (8.55%) |
| Ex-Dividend Date | Aug 14, 2026 |
| Volume | 194,383 |
| Open | 2.350 |
| Previous Close | 2.340 |
| Day's Range | 2.340 - 2.350 |
| 52-Week Range | 2.190 - 2.660 |
| Beta | 0.22 |
| Analysts | Buy |
| Price Target | 3.08 (+31.62%) |
| Earnings Date | Aug 5, 2026 |
About R.A.K. Ceramics P.J.S.C.
R.A.K. Ceramics P.J.S.C. engages in the manufacture and sale of various ceramic products in the United Arab Emirates, Europe, India, Saudi Arabia, Bangladesh, rest of Middle East countries, and internationally. The company operates through four segments: Ceramics Products, Faucets, Other Industrial, and Others. It manufactures and sells ceramic wall and floor tiles, gres porcellanato, and bath-ware and tableware products; and taps and faucets. The company also manufactures and distributes power, paints, plastics, mines, and chemicals; and provi... [Read more]
Financial Performance
In 2025, R.A.K. Ceramics P.J.S.C.'s revenue was 3.28 billion, an increase of 1.63% compared to the previous year's 3.23 billion. Earnings were 243.72 million, an increase of 10.23%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for RAKCEC stock is "Buy." The 12-month stock price target is AED 3.08, which is an increase of 31.62% from the latest price.
News
R.A.K. Ceramics P.J.S.C. Transcript: Transcript
Revenue grew in the U.A.E. but declined overall in 2024 due to geopolitical and supply chain challenges. Margins improved through product mix and efficiency, while CapEx and dividends remain robust. Management expects continued strength in the U.A.E. and Saudi Arabia in 2025.
R.A.K. Ceramics P.J.S.C. Transcript: Transcript
Q2 2026 saw resilient revenue and margin performance, driven by strong demand in the U.A.E., Saudi Arabia, and Bangladesh, despite regional disruptions. Tiles led growth, while Tableware and Sanitaryware faced headwinds. CapEx and dividend guidance remain on track.
R.A.K. Ceramics P.J.S.C. Transcript: Transcript
Q1 2026 saw resilient performance despite revenue declining 2% year-on-year to AED 760.7 million, with net profit down 31.8% to AED 58.2 million. Operational agility, cost control, and market share gains in the U.A.E. offset regional disruptions and higher costs.
R.A.K. Ceramics P.J.S.C. Transcript: Transcript
Revenue and profit declined year-on-year due to geopolitical and supply chain challenges, but gross margins improved to record levels, driven by product mix and pricing discipline. UAE market remained resilient, while other regions faced headwinds. CapEx guidance was raised, and strategic investments continue.
R.A.K. Ceramics P.J.S.C. Transcript: Transcript
Revenue and profit declined year-on-year due to geopolitical tensions, logistics challenges, and market slowdowns, but gross margins improved and the U.A.E. remains a key growth driver. Saudi customs duty relief and production upgrades are expected to support future margins and volumes.
R.A.K. Ceramics P.J.S.C. Transcript: Transcript
R.A.K. Ceramics P.J.S.C. Transcript: Transcript
R.A.K. Ceramics P.J.S.C. Transcript: Transcript
Revenue was stable in Q1 2025, with strong U.A.E. performance offset by declines in Europe and Bangladesh. Margins improved in Tiles and Sanitaryware, but net profit fell due to KLUDI transformation and higher taxes. CapEx and strategic investments continue to support growth.
R.A.K. Ceramics P.J.S.C. Transcript: Transcript
Profit before tax rose 19.9% year-over-year to AED 331.8 million in 2025, with net profit after tax up 6.2% to AED 248.5 million, driven by strong U.A.E. performance and margin expansion. CapEx for 2026 is guided at AED 500 million, with continued focus on operational efficiency and market leadership.
R.A.K. Ceramics P.J.S.C. Transcript: Transcript
Revenue and net profit grew year-on-year, led by strong U.A.E. demand and margin improvements. CapEx was focused on plant upgrades, with stable liquidity and a positive outlook for the U.A.E. market. Competition and higher taxes remain key risks.